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$5,839,250
Reeves Ranch
Memphis, TX 79245
MLS# 25-7117
Status: Pending
3 beds  |  2 baths

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Property Description
Spanning ±2,570 acres in the striking red canyons along Indian Creek valley, this historic working cattle ranch offers unmatched beauty, diverse terrain, and natural springs. Located 6 miles northwest of Memphis, the ranch boasts over 2.5 miles of Indian Creek and elevations ranging from 2,200 to 2,420 feet, showcasing beautiful vistas of red clay cliffs, cedar ridges, and sheltered valleys rich in wildlife, including white-tail and mule deer, wild turkey, and ground birds. Originally part of the Doll Baby Ranch dating back to 1878, the property has been in the Reeves family since 1962 and is ideal for both grazing cattle and recreational pursuits. Native grasses and lush Bermuda thrive. Improvements include two homes, a large quonset barn, a set of working pens, solar and electric well,

Details
Maps
Contract Information
L/A Supervisor Name: JT Haynes
Supervisor's Phone #: 806-367-8334
L/A Supervisor License Number: 0458326
Directions: From Memphis, head north on Highway 287 towards Hedley for 4.2 miles to County Road CC. Turn west on CR CC, drive for 1.9 miles to main gate entrance to property.
Under Contract Date: 2025-12-27
Property Information
To Be Auctioned: No
Zone: 8000 - All areas in the 8000's
Photos are Virtually Staged: Yes
Realtor.COM Type: Land
List Price/Acre: 2272.08
Lot Size Square Feet: 111949200
Square Foot Source: Appr Dist
House: Yes
Total Bathrooms: 2
Carport: Yes
Garage Stall: 2
Attached Garage: Yes
Detached Garage: No
RV Parking: No
Current Price: $5,839,250
List Price: $5,839,250
Area: 8020 - Memphis
Status: Pending
Book Section: Ranch/Grass
Approximate Acres: 2570
Total Bedrooms: 3
Taxes and Legal Information
City: Memphis
Street Name: Reeves Ranch
State/Province: TX
Postal Code: 79245
County: Donley
Type
Ranch: 1
Improvements
Barn: 1
Fenced: 1
House: 1
Road Frontage
Other Frontage: County Road
Game
Deer: 1
Other Game: Bobcats, Coyotes
Turkey: 1
Possession
At Closing: 1
Property Features
Type: Ranch
Improvements: Barn; Fenced; House
Game: Deer; Turkey
Possession: At Closing
Supplements
rural water, perimeter fencing, ranch roads, and a hunter's camp with RV hookups. Now is your chance to own a legacy property in the heart of Texas ranch country. Welcome to Reeves Ranch. Location The Reeves Ranch is found in the eastern Texas Panhandle, just 6 miles northwest of Memphis and 10 miles from Hedley. It is about 1.9 miles off of pavement from Highway 287. History In 1962, Sim Reeves and his son, Raymond Reeves, bought the ranch from the family of Larry Combest, who represented Texas in the U.S. House of Representatives from 1985 to 2003. The Reeves Family has loved, owned, and operated it ever since. The working cattle ranch was originally part of the Doll Baby Ranch, dating back to 1878. The property offers unsurpassed views, beauty, and a diversity of landscape for the region with red canyons, cedar ridges and sheltered valleys. Water This panhandle ranch will not disappoint with water availability, boasting natural springs along Indian Creek throughout the ranch. The Red River Authority of Texas supplies water to the houses, and an electric well located near the house supplies water to the sprinkler system for the main house yard, barn, and pens. There is also a solar well situated in the northeast section and the other various springs provide water for livestock throughout the ranch. Land / Wildlife This hidden gem offers wide diversity in terrain with elevations ranging from 2200' to 2420', boasting breathtaking red canyons, cedar ridges, and creek bottoms. With a large amount of acreage including lower ground and creek bottoms, the native grasses and Bermuda are abundant, providing a generous cattle carrying capacity for this area. Cottonwoods, wild plum and grape thickets, mesquite, and some cedars on the higher elevations make up the landscape. There is also some gravel located in the southeast section of the ranch that has been sold commercially. Wildlife includes whitetail, mule deer, wild turkey, ground birds, bobcats, and coyotes. Improvements The ranch headquarters includes one main house that was built in 2006, near the original ranch house. The main house is three bedroom, two bath with a full length covered back porch. From the covered back porch of the main house, you can see the beautiful vista of red clay cliffs and hills and watch the sunset overlooking Indian Creek and the majority of the ranch. Both houses offer space for large gatherings, with a total of five bedrooms plus a basement. Also near the houses is a quonset barn with a 20' overhang for livestock, that also has concrete floors. The working pens equipped with snake and chute are just to the south of the barn, along with a detached garage shed for storage. The ranch includes perimeter barbwire fencing and ranch roads for access across the property. Away from the headquarters, closer to the main gate of the ranch is a hunters' camp that includes RV hookups for added convenience. Minerals The seller does not believe they own any of the mineral interest. Landscape The property consists of canyons, ridges, creek bottoms and plenty of cover for wildlife. The soils here within are listed with accompanying percentages for area of interest totaling 100%: Obaro-Quinlan (OQE) 35.02%; Burson-Aspermont (BAG) 25.87%; Lincoln loamy fine sand (Ln) 11.96%; Aspermont silty clay loam (AsC) 6.08%; Mobeetie-Tascosa complex (MTE) 5.04%; Tivoli fine sand (Tf) 4.23%; Carey loam (CaB) 2.91%; Clairemont silt loam (Ca) 2.78%; Miles fine sandy loam (MfB) 1.42%; Aspermont silty clay loam (AsB) 1.06%. Under 1%: Springer fine sandy loam (SfD); Mobeetie fine sandy loam (MrB); Miles fine sandy loam (MfC); Veal fine sandy loam (VeC); Olton clay loam (OcA); Mobeetie fine sandy loam (MrC); Guadalupe fine sandy loam (Gu); Paloduro loam (PaC). Exclusions Hunting blinds, game feeders, livestock feeders, equipment, personal items inside the house, including the artwork and dining room table, and other personal items on the property will be excluded from the sale. Zoning/Easements The property is outside of any municipality, therefore it is not zoned. All existing easements will be identified by surveyors & the title company. Estimated Taxes The Sellers currently qualify for an agriculture tax exemption. Area This parcel sits in the southeastern quadrant of Donley County, one mile north of the Donley/Hall County line. Access This ranch has access from County Road CC, off of Highway 287.

Listing Office: Triangle Realty, LLC
Listing Agent: JT Haynes

Last Updated: December - 29 - 2025

Information deemed reliable but not guaranteed.